TOTOWA, NJ-Café Holdings has acquired a two-story industrial building at 721 Union Blvd. here for $5.9 million.
The firm, which currently leases space in Paterson, acquired the property from Mellow Realty, according to Nicholas Nitti, first vice president with CBRE Group, which represented the buyer in the transaction. Blake Chroman, senior vice president with Jones Lang LaSalle, represented Mellow Realty in the deal, according to The Record.
Café Holdings plans to bring approximately 75 employees to Totowa from its leased space in Paterson. Its new offices and warehouse space are housed on a 5.3-acre site.
"They were leasing in Paterson, and they're expanding," CBRE's Nitti says. "And they needed a corporate headquarters to grow their business." See story in The Record.
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